If you owe the federal government money, it is entitled to seize your tax returns until the debt is satisfied.
Mar 05, 2014
taxes by: Anonymous
I had a 401k from work don't work there any more I took the money put it in a money market plan but decided to take it all out did not pay taxes on it. I filed my taxes few days ago and found out that I owe 865.00 to the state and fed. government 2600.00 I do not have that kind of money need help what to do?
Reply from DebtCollectionAnswers.com:
The IRS offers a payment plan and for that amount of money it should be easy to get approved for it. I don't know what your state offers--but you may want to ask.
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